Two Central Mass. climate tech companies and researchers awarded $425K
Photo | Courtesy of Worcester Polytechnic Institute
A Worcester Polytechnic Institute researcher was among four Central Massachusetts entities receiving funds from MassCEC.
The Massachusetts Clean Energy Center has awarded $425,000 to two Central Massachusetts businesses.
The state economic development agency issued the grants in its effort to grow Massachusetts’ clean energy sector while spurring job creation, environmental benefits, and long-term economic growth.
“The climatetech industry is an economic development opportunity for every city and town in Massachusetts. These MassCEC emerging climatetech grants empower innovative ideas and transformative solutions that will shape the future of the state’s economy,” Emily Reichert, CEO of MassCEC, said in a Friday press release announcing the grants. “By supporting entrepreneurs and innovators, we’re accelerating the deployment of technologies that will lower energy costs and create jobs right here in Massachusetts.”
The grants went to:
- Fast Metals, a Worcester-based firm, received $75,000 to develop a prototype for its process to produce valuable metals from industrial waste byproducts.
- SpadxTech, a Worcester-based firm, received $350,000 to demonstrate its thermal insulation technology designed to protect battery test chambers.
MassCEC’s latest grants come amid efforts by the President Donald Trump Administration to slash funding for research and other initiatives related to combatting climate change.
Environmental Protection Agency Administrator Lee Zeldin announced on Thursday plans to roll back regulations seeking to reduce pollution and encourage the use of electric vehicles, according to the Associated Press.
CORRECTION: An earlier version of this article incorrectly stated a researcher from Worcester Polytechnic Institute and River Otter Renewables received grants, based on an earlier MassCEC press release which stated those entities had received funding. In fact, those two entities did not receive grants.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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